G20 Urges Free Trade: A Step in the Right Direction
November 11, 2008 4:03 pm by Greg HoldenIt creates a sigh of relief to see countries around the world taking steps to ensure liquidity and, more importantly, increase trade. One of the primary fears of many economists is that a major exporting nation, such as the United ...
Silver Slips by Unnoticed
November 11, 2008 1:29 pm by Russell GlaserWith all the excitement surrounding the financial crisis, silver has taken a back seat in the commodity-trader's consciousness. But quietly, behind the scenes, silver bullion is being increasingly accumulated by savvy investors around the world.
Bank of England Shocks Markets with Rate Cut
November 11, 2008 12:42 pm by Natalie R.Times look to be difficult for Britain. On Thursday, the Bank of England (BoE) made an extraordinary move, slashing their base lending rate by the largest amount since 1981.
Dollar Gains; Will it Hold?
November 11, 2008 12:16 pm by AylonSince the beginning of September, the Dollar has made hefty gains on the EUR, the Pound, and emerging market currencies. As the world's financial markets began to unravel, the Dollar started to head higher. Investors pulled money from emerging markets ...
October 2008 Non-Farm Employment Change Report
November 6, 2008 3:49 pm by AylonThe U.S. Non-Farm Employment Change, also known as "Non-Farm Payrolls" (NFP) and the "Employment Report," is a monthly economic indicator used to measure the change in the number of employed people, excluding the farming industry. Each month the Current Employment Statistics ...
A New Member to the EUR?
November 6, 2008 3:35 pm by Russell GlaserThe Euro may have a new addition soon. The Danish government is pushing for a public referendum to allow the country to join the European Monetary Union.
Aussie Dollar to Continue Rising
November 6, 2008 3:28 pm by Greg HoldenDespite early reports that the AUD was preparing for a significant downward price spike, traders are beginning to see a reversal. With a larger than forecasted rate cut from 6.00% to 5.25% analysts were predicting a drop in value for ...
The Canadian Dollar in Today’s Market
November 6, 2008 3:24 pm by Natalie R.The Canadian dollar closed 2% higher against the U.S. Dollar on Monday as traders felt the currency's steep October slide left it at more attractive levels. The rise by the Canadian dollar came on the heels of an 11.6 % slide ...
The Middle East and Oil (part 3)
November 5, 2008 3:20 pm by Greg HoldenSo what is the third impact on the price of Crude Oil brought about by Middle Eastern conflict mentioned in Part 2? The answer is speculation. Now understand that investors speculate on almost anything that can, will, or might happen ...
The US Election vs. EU Talk of Reform
November 4, 2008 5:11 pm by Greg HoldenWhat effect do the elections in the United States have on the market compared to the impact of the decisions being made in Europe about covering the financial crisis and implementing reform across the European financial system? The answer: confidence, ...
